How the Coronavirus Complicated the Quest for a Greener Plastic Bottle

The effort to make greener plastic bottles-the core of beverage giants' sustainability quest-has become harder and more expensive in the pandemic. 


 
Blackstone to Bypass Scramble for Investment-Bank Talent in Bid to Diversify Hiring

Blackstone Group is throwing out a key section of its recruiting playbook in a bid to improve its hiring process and increase diversity, and it will directly recruit from 44 colleges this academic year, up from nine in 2015. 


 
'Crush This Lady.' Inside eBay's Bizarre Campaign Against a Blog Critic

Security employees at the online marketplace allegedly orchestrated deliveries of live cockroaches, pornographic videos and a mask of a bloody pig's head. The U.S. attorney's office is investigating whether eBay targeted any other critics with harassment campaigns. 


 
Could a Brake Tycoon Stop Germany's Bailout Plans?

The battle for control at Europe's biggest legacy airline gives investors a fascinating peek into Germany's rival industrial interests-but is unlikely to reap them gains. 


 
Vitamin Supplier GNC Holdings Files for Bankruptcy

GNC Holdings said it has filed for chapter 11 bankruptcy protection with plans to sell itself and close up to 1,200 stores. 


 
Carlyle Finds Financial Utility in ESG Impact Data

Jeanologia, a Carlyle-backed manufacturer in Spain, recently got a loan with interest rates tied to meeting environmental-impact targets. 


 
Olympus to Exit Camera Business After 84 Years

Olympus, which has been under pressure from U.S. shareholder ValueAct Capital to improve shareholder returns, said it planned to sell its camera unit to focus on medical devices. 


 
SoftBank to Raise as Much as $20.12 Billion From T-Mobile Stake Sale

The Japanese company's planned sale of T-Mobile US Inc. shares will raise as much as $20.12 billion before fees and other expenses, which is part of a 4.5 trillion yen asset-sale program announced in March. 


 
As Covid-19 Rages, Alibaba's Chinese Rivals Steal a March

Alibaba's rivals JD.com and Pinduoduo are gaining on the reigning Chinese e-commerce king. But matching its profitability won't be easy. 


 
Solvay to Book Charge as Sales Fall

Solvay said sales were down 20% in April and May, hit by the coronavirus pandemic, and the chemical group warned it will likely book an impairment charge of EUR1.5 billion.